$519,990 - 521 Rossland Road Unit 1001, Ajax
Condo for Sale in Ajax
- MLS Number
- E13145864
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Ajax
- Locker
- Ensuite
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- ORION REALTY CORPORATION
Major savings unlocked with the new HST incentive-an incredible opportunity to get into a brand-new home with built in value from day one! Welcome to Marshall Homes's newest urban stacked townhome community in the heart of Ajax! This prime location offers the perfect blend of modern living and convenience. With only 81 units, this beautifully designed 2-bedroom, 2 full bathroom home boast 9-foot ceilings, a spacious great room, and a private patio-deal for relaxing or entertaining. The gourmet kitcke is thoughfully designed with premium finishes, while the luxury bathrooms provide spa like retreat. Enjoy the case of in-suite laundry, 1 designated parking space, and low maintenance fees under $200. Nestled in a highly sought-after neighborhood, you'll have easy access to top amentities, shopping, dining and transit. Experience the quality craftmanship and attention to detail that Marshall Homes is known for-this is urban living at its finest! Occupancy expected August 2027!(Listing price reflects HST rebate and is subject to the terms and conditions in the HST rebate schedule)
Estimate your monthly payments for this property
Estimated Payment
$2,667.82/mo
Includes CMHC insurance ($14,508)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Ajax
Ajax is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Ajax
- •Convenient location in Ajax
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Ajax offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
521 Rossland Road Unit 1001, Ajax
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $520/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Investment Perspective
Looking at this as an investment: Ajax properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.